Bluefin's GWP rises by 5% to £667m in 2014
Results show a goodwill amortisation charge of £16m led to a £23m loss.
Bluefin's gross written premium for the year to the end of December 2014 increased to £667m from £635m in the previous year.
However, the broker notes that its statutory results including gross revenue and a goodwill amortisation charge of £16m led to a £23m loss.
The financial results also show net operating revenue rose marginally to £98m last year compared to £96.9m in 2013, while operating expenses also increased to £74.2m (2013: £72.3m).
The firm noted that its achievements last year
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk